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Suburb Insights ยท NSW 2620

Queanbeyan 2620, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Queanbeyan is a regional centre in New South Wales, Australia, with a population of approximately 6,409, making it a smaller community. Located approximately 245 km from the Sydney CBD, Queanbeyan is a regional area in New South Wales. The median household income is $88,036 AUD per year (ABS 2021 Census).

Investment Score

49 / 100 Moderate

Household incomes in Queanbeyan sit in a comfortable mid-range for the New South Wales market. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Queanbeyan, New South Wales, Australia.

Key Indicators

Postcode
2620

Official Australia Post postcode for Queanbeyan. A postcode may cover multiple suburbs.

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Population
6,409

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$340/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$88,036/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
245 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,668/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
35% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Queanbeyan serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $340/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,668/month. The median household income of $88,036/year reflects a solid demographic, supporting sustainable rental demand. With only 35% separate houses, Queanbeyan has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Queanbeyan offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Rental yields in Queanbeyan are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation or flip strategies in Queanbeyan face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Queanbeyan property

Full Property Analysis

30-year projections for Queanbeyan

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Capital growth in Queanbeyan may remain subdued in 2026, with limited demand drivers in the near term. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Investor sentiment toward Queanbeyan is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Queanbeyan a good suburb for investment?

Queanbeyan is a regional area in New South Wales with a population of 6,409. The median rent is $340/week and the median household income is $88,036/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Queanbeyan?

Key demand drivers in Queanbeyan include regional employment hubs, lifestyle, and affordability. 35% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Queanbeyan?

According to the ABS 2021 Census, Queanbeyan has a population of approximately 6,409. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Queanbeyan from the Sydney CBD?

Queanbeyan is approximately 245 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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